This Prominent Engineering, Procurement, and Construction (EPC) stock is in focus as it jumped 9.27 percent after receiving orders worth Rs. 1,085 Crore for their core operating segment.
Share Price Movement
With a market capitalization of Rs. 6,568 Crore, the stock of Transrail Lighting opened at Rs. 479.70, up 5.83 percent from yesterday’s close, and after opening, it made a high of 495.30, up 9.27 percent.
Order Update
The company has received fresh Orders worth Rs. 1,085 Crore in the Transmission & Distribution (T&D) segment. On receiving the Order, Mr. Randeep Narang, MD & CEO, said that they have begun the FY26 with this new order, which reinforces their position in the market and aligns with the company’s strategic focus on continued growth.
Also read: EV stock under ₹70 jumps 7% after co. to set up lithium-ion battery factory for advanced batteries
Financial Highlights
The company reported a 62.24 percent YoY increase in revenue from Rs. 837 Crore in Q3FY24 to Rs. 1,358 Crore in Q3FY25. On a QoQ basis, the company reported an increase of 24.81 percent in revenue from Rs. 1,088 Crore in the previous quarter.
Their Net profit saw an increase of 89.79 percent YoY from Rs. 49 Crore to Rs. 93 Crore for the same period. On a QoQ basis, the company reported an impressive increase of 69.09 percent in Net profit from Rs. 55 Crore in the previous quarter.
About the Company
They are one of the leading Indian engineering, procurement, and construction companies with integrated manufacturing facilities for lattice structures, conductors, and monopoles and with over four decades of experience in providing comprehensive solutions on a turnkey basis globally. They have a track record of more than four decades and have been a trusted and longstanding partner in the sector. Their business is divided into four verticals, namely (i) power transmission and distribution (including substations), (ii) civil construction, (iii) poles and lighting, and (iv) railways.
Written By Abhishek Das
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
